Vestmark Advisory Solutions Inc. Buys 126,803 Shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS)

Vestmark Advisory Solutions Inc. grew its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF (BATS:BBUS) by 22.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 696,762 shares of the company’s stock after purchasing an additional 126,803 shares during the period. JP Morgan BetaBuilders U.S. Equity ETF accounts for 3.0% of Vestmark Advisory Solutions Inc.’s portfolio, making the stock its 4th biggest position. Vestmark Advisory Solutions Inc. owned approximately 2.56% of JP Morgan BetaBuilders U.S. Equity ETF worth $59,845,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of BBUS. Commonwealth Equity Services LLC raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 48.7% during the third quarter. Commonwealth Equity Services LLC now owns 12,116 shares of the company’s stock worth $934,000 after purchasing an additional 3,967 shares during the period. Sutton Place Investors LLC raised its holdings in shares of JP Morgan BetaBuilders U.S. Equity ETF by 2.3% during the third quarter. Sutton Place Investors LLC now owns 8,424 shares of the company’s stock worth $649,000 after purchasing an additional 187 shares during the period. Park Avenue Securities LLC acquired a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF during the third quarter worth $4,188,000. Archford Capital Strategies LLC acquired a new stake in shares of JP Morgan BetaBuilders U.S. Equity ETF during the third quarter worth $2,306,000. Finally, Assetmark Inc. grew its position in shares of JP Morgan BetaBuilders U.S. Equity ETF by 32.5% during the third quarter. Assetmark Inc. now owns 563,119 shares of the company’s stock worth $43,405,000 after acquiring an additional 138,127 shares during the last quarter.

JP Morgan BetaBuilders U.S. Equity ETF Price Performance

BBUS traded up $1.11 on Friday, reaching $92.40. The company had a trading volume of 119,906 shares. The stock has a market cap of $3.15 billion, a P/E ratio of 25.65 and a beta of 1.02. The firm has a 50 day moving average of $92.44 and a two-hundred day moving average of $87.00.

JP Morgan BetaBuilders U.S. Equity ETF Profile

The JPMorgan BetaBuilders U.S. Equity ETF (BBUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US equities, selected and weighted by market cap. BBUS was launched on Mar 12, 2019 and is managed by JPMorgan Chase.